sage inspire tour: sage 50 canadian payroll tips and tricks

Payroll Tips and TricksHarjot AujlaS50CA Product Specialist

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Agenda

• Employee Setup Tips

• Troubleshooting Paycheque calculations• CPP specific issues• PIER Report Troubleshooting• Direct Deposit

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Setup Guide

• Easy way to review at a glance employee information and update

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Remittance Setup

• Remittances can be setup in Setup > Settings > Payroll > Remittances (KB 10295)

• The balance owing is the amount in the Payable Linked account for the tax

• If the amount in the Payable linked account is incorrect, the amount in Pay Remittances will be incorrect

• Confirm payment amount by checking Remittancereport for the remitting period

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Troubleshooting Payroll Calculations

• Setup of an employee is important and can cause taxes to not calculate or calculate correctly

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Troubleshooting Payroll Calculations

• Birthdate can cause CPP not to calculate• Incorrect Province in Taxes tab can cause payroll

taxes to calculate incorrectly

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Troubleshooting Payroll Calculations

• Sage 50 – Canadian Edition uses a linear method to calculate payroll deductions

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Troubleshooting Payroll Calculations

• If EI is calculating correctly but Taxes and CPP are not calculating correctly– Check Pay periods per year

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Troubleshooting Payroll Calculations

• If Taxes are not calculating correctly but CPP and EI are calculating correctly– Check Personal Tax Credits from TD-1 Forms

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Troubleshooting Payroll Calculations

• Update Employee Claims, WCB rates in a batch– Maintenance, Update Employee Claims– Verify with TD-1 Form

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CPP Troubleshooting

• If CPP is not calculating for one employee– Check if employee has reached maximum– Check Calculate CPP is checked for the employee– Check Pay period for the employee– Check birthdate– Check Payroll Tables

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Payroll Update

• If there is an update available, all Sage Business Care customers will have the update download automatically

• Once downloaded, when the client closes their program, the program will prompt them to install the update

• If the update has been downloaded, it can be found in C:\users\Public\Documents\Sage Software\Simply Accounting\Download (Vista/Win 7/Win 8)

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Troubleshooting the PIER Report

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T4 and RL-1 Reporting

• Controls amounts that appear in T4 for EI Insurable Earnings / Pensionable Earnings

• Add pension adjustment amounts and employee code

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Payroll Tiering

• To check what payroll tier your client is on– Help > Update Service Plan

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Methods of Direct Deposit

• EFT Direct– Sage 50 Accounting EFT Direct lets

you quickly and easily transfer data from your accounting files to your financial institution.

– Send transactions in a batch to your bank (.DAT)

– Separate program– More information at

http://na.sage.com/ca/sage-50-accounting/add-ons

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Methods of Direct Deposit

• Sage 50 Direct Payments– Conveniently make and receive

electronic payments faster and more accurately with Sage 50 Direct Deposit

– Integrated into Sage 50 CA– Will communicate with your bank – More information at

http://na.sage.com/ca/sage-50-accounting/add-ons

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Questions?

Q A

Thank you!